Refine Search
Sort by
$375,000
8 Beds 8 Baths 959354 MLS
High-Upside 8 - Unit Multi-Family Investment Opportunity. This property consists of six studio units and two one-bedroom units offering strong upside potential for investors seeking to expand their portfolio or increase cash flow through lease-up opportunities. Three studio units and one 1-bedroom unit are currently vacant with the current owner actively rehabbing two of the units for lease-up. Positioned in a proven rental market, this property presents an excellent opportunity to secure a high performing asset with future growth potential. Tenants are responsible for their own electric, while the owner covers water, trash, and gas. A monthly utility fee is collected from tenants to offset these expenses. Financials based on Pro-forma at full occupancy, not actual.

2005 Wayne Avenue, Dayton

Courtesy of Jackie Powers and Agora's Maxxed Out Realty

$148,000
6 Beds 2 Baths 959021 MLS
Discover an investment opportunity in Dayton with this updated, fully occupied duplex, perfectly positioned to offer both immediate income and future growth potential. Each side of this multi-family dwelling features three comfortable bedrooms and a full bathroom, providing ample living space across its two stories. Tenants have established long-term residency, with one side generating $800.00 monthly and the other $900.00 monthly, including the valuable addition of a two-car garage. Both units are currently on month-to-month leases, presenting an excellent opportunity for rental income adjustments and increased profitability in the future. Situated on a generous 0.13-acre lot, this property encompasses 1956 square feet of living area. This property is an outstanding prospect for investors seeking a stable asset with the flexibility to optimize returns.

1863-1865 Emerson Avenue, Dayton

Courtesy of Rebecca Mershad and Flourish Real Estate

$99,900
4 Beds 4 Baths 959080 MLS
Seller intends to sell these two parcels as a package. 40 Maylan is a vacant standalone building that is zoned for an office building that can be repaired as an office and possibly turned into another unit generating additional income, 42,44, and 46 Maylan is a Triplex. Unit 42 on first floor has two 1-bedroom (has been there for over 16 years, pays $475/month plus_ $25 for garage) with a 1-year lease that ends 4/2027. Unit 44 tenant has been there for a few years, pays $554/month, on a month-to-month lease. Unit 46 upstairs is a 2-bedroom unit and pays $675/month on a month-to-month lease. All units have separate electricity. The building is heated with a boiler system (seller pays gas). The potential for a hands-on investor who can improve and update the property over time can allow them to increase rents and value substantially. Current gross rents exceed 20K and could be considerably more. Taxes and utilities are about $8600 (very cold winter in 2025). See agent's remarks for additional info.

40 Maylan Drive, Dayton

Courtesy of Kal Mughrabi and Coldwell Banker Heritage

$89,000
4 Beds 2 Baths 958775 MLS
This brick 2 unit building will require 100% rehab top to bottom. It is located in the Huffman Historic District and within the boundaries of a Community Reinvestment Area (CRA), making it exempt from real property tax that will be added due to remodeling of the structure for a period of ten (10) years (see CRA document in attachments). Included with the purchase is a full set of engineer-stamped blueprints to redevelop this building, each unit proposed as being 2 BR, 1 1/2 baths with first floor laundry rooms. After renovated rents projected at $1,500+/unit with all gas and electric seperate plus seperate water (2 water services exist now), sanitary sewer, storm sewer, trash and recycling. This plan leaves only minimal property tax expenses and routine maintenance to a newly renovated building.

17-19 Bell Street, Dayton

Courtesy of Jeffrey B Peterson and Key Realty

$1,479,900
34 Beds 24 Baths 958225 MLS
Discover an exceptional investment opportunity in the heart of Dayton with this impressive 24-unit multifamily property featuring both 410 & 420 Cherrywood Ave. Tucked away in a private, well-maintained setting, these two buildings surround a beautifully kept shared courtyard and spacious parking area, creating an attractive environment for tenants and owners alike. Residents enjoy desirable amenities including on-site laundry, added security features, and convenient access to major highways, shopping, dining, and downtown Dayton. With strong rental appeal and income potential from day one, this turnkey property is an outstanding opportunity for investors looking to expand their portfolio with a stable, income-producing asset.

410 N Cherrywood Avenue, Dayton

Courtesy of Craig D Kellogg and Agora Realty Group

$239,000
4 Beds 4 Baths 958258 MLS
Well-maintained 4-unit multifamily property located in a solid Dayton rental market. This brick building offers four separate units with functional layouts, making it an ideal opportunity for both seasoned investors and owner-occupants looking to house hack. Each unit features comfortable living spaces, dedicated kitchen areas, and ample natural light. The property includes separate utilities, providing efficient management and expense control. The building’s durable brick exterior and overall condition make it a low-maintenance, income-producing asset. Conveniently located near schools, shopping, and major highways, this property benefits from strong rental demand and consistent occupancy potential. Excellent opportunity to acquire a cash-flowing asset with long-term upside in a growing market.

58 W Nottingham Road, Dayton

Courtesy of Nicholas Huscroft and Chosen Real Estate Group

$240,000
5 Beds 2 Baths 957386 MLS
Great opportunity to own a cash flowing double in Historic South Park. Live in one and get rental income from the other. Updates include new exterior paint, plumbing, electric, new furnaces, new hot water heaters, freshly painted units, new vinyl plank flooring. 3 & 2 beds and 1 bath per side, would be a perfect rental to UD students, Miami Valley Hospital employees, professionals working downtown. Unit 128 side is a 3 bed 1 bath with an unfinished walk-up attic that is loaded with potential. The first floor boasts a large living room, dining room, huge kitchen and full bath. The rent on this unit was 950 and is now vacant. Unit 130 is a 2-bedroom unit with current rent at 850. These tenants are month to month renters offering flexibility to a potential purchaser. All appliances stay. Fenced in backyard. Update we are currently replacing wood, caulking and painting the exterior of the duplex. Go and Show 128 side.

130 Bonner Street Unit 128, Dayton

Courtesy of William J Furlong and Streetlight Realty LLC

$264,900
8 Beds 4 Baths 957467 MLS
Turnkey 4-unit investment opportunity offering strong cash flow potential and stable rental demand. This well-maintained multifamily property features four units, each offering 2 bedrooms and 1 full bath. Baseboard heat throughout each unit and owner-supplied appliances add convenience for tenants. Current rents average $800 per unit. Basement includes a washer/dryer hookup perfectly suited for a coin-operated laundry setup, offering an additional revenue stream. Ideal for investors seeking to expand their portfolio with a low-maintenance asset, or owner-occupants looking to offset living expenses with rental income. Great opportunity to own a solid income-producing property with multiple ways to increase returns.

152 Santa Clara Avenue, Dayton

Courtesy of Craig D Kellogg and Agora Realty Group

$475,000
12 Beds 7 Baths 956309 MLS
Seize this exceptional opportunity to acquire a strategically located 7-unit multifamily property featuring 12 bedrooms and 7 full bathrooms, masterfully configured for maximum income efficiency through smart, versatile layouts that consistently attract dependable tenants—from workforce renters and professionals to families seeking Dayton's unbeatable affordability and job stability. Fully remodeled and move-in ready, every unit has been thoughtfully updated to modern standards, delivering immediate appeal and minimizing future capex for the new owner. This turnkey gem is primed for long-term, reliable cash flow in one of Ohio's most resilient and investor-friendly rental markets. Positioned in a high-demand Dayton neighborhood with easy access to highways, downtown amenities, parks, and key employment hubs, this durable, low-maintenance building features separate utilities, on-site laundry, off-street parking, and separate entrances—ensuring smooth operations and high tenant retention. Ideal for savvy investors pursuing 1031 exchanges, portfolio diversification, or hands-on ownership in a market that rewards established, renovated properties amid moderating new supply and sustained fundamentals. Properties like this—fully updated, cash-flow positive, and strategically located—move quickly in Dayton's competitive investment landscape. All leases, income statements and rent roll can be provided as requested from the listing agent.

445 Hunter Avenue, Dayton

Courtesy of Adong Ni and Keller Williams Community Part

$249,000
4 Beds 3 Baths 955243 MLS
Rare mixed-use investment opportunity on Wayne Avenue! This 3,384 sq ft property is zoned for residential or commercial use and offers an ideal setup for investors, entrepreneurs, or owner-occupants seeking flexibility and income potential. The building includes 2 units, one of which is a charming, fully updated studio apartment with a private entrance and its own patio. The larger unit provides a highly functional and flexible layout, including a Wayne Avenue-facing room that can serve as a storefront, office, or possible 3rd bedroom. Additional features include a first-floor full bath and laundry, two upstairs bedrooms, and two living spaces. Whether used for long-term rental income, a live/work concept, or a combination of residential and commercial occupancy, this property offers exceptional versatility and upside.

1220-1222 Wayne Avenue, Dayton

Courtesy of Brian Sharp and BHHS Professional Realty

$525,000
11 Beds 9 Baths 954158 MLS
Introducing an exceptional investment opportunity in Dayton, Ohio! This 8,288 SF multifamily property, nestled on Lakeview Ave, features a meticulously maintained 9-unit building erected in 1959. With a high occupancy rate, this property offers seven 1-bedroom, 1 bath apartments and two 2-bedroom, 1 bath apartments, with six of those units recently renovated. Tenants will appreciate the convenience of washer & dryer hookups and off-street parking. Tenants are responsible for heat and electricity. There are 65% new furnaces/water heaters Don’t miss out on this turnkey, income-generating asset! Parcel Legal Description 29533. Also, there is pre-arranged bank financing from Richwood Bank that may be available to you. Please call agent for details.

2525 Lakeview Avenue, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.

board logo

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Luma Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®